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WEDNESDAY DECEMBER 28 2005 CLICK     HERE TO SEE ECONOMIC         CALENDAR BELOW

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Standard & Poor's Announces Changes to U.S. Indices

S&P 500 + CBSwi & + VIA.bwi    -   VIA.B
also removed VC low mkt cap Fri Dec 30
S&P 500 + WFMI - KRB             Fri Dec 30
S&P 600 + NSS - SKO            Wed Dec 28
 S&P 600+ BCSI  - VRTY        Thurs Dec 29  

Stocks For Wednesday
MBA Purchase Applications
[Bullet] 7:00 ET 
ICSC-UBS Store Sales
[Bullet] 7:45 ET 
Redbook
[Bullet] 8:55 ET 
Consumer Confidence
[Bullet] 10:00 ET
Confidence Index, Level 105.0
TOP FINANCIAL NEWS
Treasury 2-Year Yields Rise Above 10-Year Yields for First Time Since 2000
Too soon to tell what curve inversion means
Natural Gas Plunges on Mild Weather, Bringing Three-Day Drop to 23 Percent 
Stocks in U.S. Fall the Most in Two Months on Concern Economy Will Slow

BUSINESS NEWS
IPayment IPMT in Deal to Go Private $43.50
Icahn hints at higher Fairmont bid
Trading Up
LWAY
+9.5% (co to test market Kefir to Costco Wholesale Corp (COST))...
Added to S&P Indices
AFFX +4.0%, WFMI +2.0%, BCSI +1.0%...
Trading Down
TWAV
-9.7% (filed 8.9 mln share registration statement); RPM -9.5% (Q2 earnings to be below previous year, below consensus); SCSS -1.4% (announced a five-year agreement to extend its consumer financing arrangement with GE Consumer Finance).

• INSIDE SCOOP 8:08 p.m.

Auto Parts Insiders Start Their Engines by Naureen S. Malik

Insiders at CSK Auto are snapping up shares of a weakened stock, while activist shareholders hope to jump start fundamental change at Pep Boys.

• GETTING TECHNICAL 4:19 p.m.

• CHARTING THE MARKET TODAY 5:24 p.m.

• INVESTORS' SOAPBOX PM 3:16 p.m.

Cherney on the Markets
By S&P technical analyst Paul Cherney

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inside wall streET

DHI    MRH     WDC

Institutional OwnerSHIP

DOLLAR TO EURO

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Preliminary Additions for the Russell 3000 Index

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ESBR Employment Income International Money Output Prices Production Transportation SSBR
Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31
Monday  Dec  26 
 
 
 
 

USA Holiday: Christmas Day

All Markets Closed

 
 
 
 

 
 

 
 
 
 

 
MBA Purchase Applications
[Bullet] 7:00 ET 

ICSC-UBS Store Sales
[Bullet] 7:45 ET 

Redbook
[Bullet] 8:55 ET 

Consumer Confidence
[Bullet] 10:00 ET 

4-Week Bill Auction
[Bullet] 1:00 ET 

 
 
 
 

Weekly Bill Settlement

 
Jobless Claims
[Bullet] 8:30 ET 

Existing Home Sales
[Bullet] 10:00 ET 

Help Wanted Index
[Bullet] 10:00 ET 

NAPM-Chicago
[Bullet] 10:00 ET 

EIA Petroleum Status Report
[Bullet] 10:30 ET 

3-Month Bill Announcement
[Bullet] 11:00 ET 

6-Month Bill Announcement
[Bullet] 11:00 ET 

2-Year Note Auction
[Bullet] 1:00 ET 

Farm Prices
[Bullet] 3:00 ET 

Money Supply
[Bullet] 4:30 ET 

 
 
 
 

Bond Market Assoc. recommended early close 2:00 ET

 
 
 
 
Equity Settlement
12 -30 -2005
Equity Settlement
01 -03 -2006
Equity Settlement
01 -04 -2006
Equity Settlement
01 -05 -200

 

the market

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BUSINESS WEEK MARKET ANALYSIS

 By Paul Cherney

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     2. USA Today (money)
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     7Houston Chronicle (business)
     8The Seattle Times (business)
     9Chicago Tribune (business)
   10San Francisco Chronicle (business)